AiHuiShou’s Q2 Revenue Rises 56%, Fueled by Growing Electronics Recycling Network
Company releases first ESG report alongside its maiden earnings, aiming to spotlight its role in achieving China’s carbon-reduction goals Key points: AiHuiShou posts 56% revenue growth in its latest reporting…
BRIEF: Vanke Chairman Xin Jie resigns, citing personal reasons
Chinese property developer China Vanke Co. Ltd. (2202.HK; 000002.SZ) announced on Monday that its Chairman Xin Jie has resigned for personal reasons. It added the board has elected Huang Liping,…
EHang tries to break from holding pattern with new longer-range aircraft
The electric vertical take-off and landing aircraft maker unveiled its second major model with a range of up to 200 kilometers, complementing its original model for short distances Key Takeaways:…
BRIEF: Fibocom to raise up to $373 million in Hong Kong IPO
Wireless communication module maker Fibocom Wireless Inc. (0638.HK, 300638.SZ) launched its Hong Kong IPO on Tuesday, aiming to sell 135 million shares for HK$19.88 to HK$21.50 each to raise up…
BRIEF: 361 Degrees’ main brand sales up 10% in third quarter
Sportswear maker 361 Degrees International Ltd. (1361.HK) announced on Monday that retail sales for its namesake brand rose about 10% year-on-year in the third quarter, while its kidswear segment also…
Yangtze Memory overhauls share structure in preparation for IPO
China’s leading memory chip maker was worth $23 billion after its recent shareholding overhaul, and is likely to list in either Shanghai or Shenzhen Key Takeaways: YMTC has completed a…
BRIEF: JST launches $267 million Hong Kong IPO
E-commerce enterprise resource planning (ERP) software provider JST Group Corp. Ltd. (6687.HK) launched its Hong Kong IPO on Monday, aiming to sell 68.17 million shares for HK$30.60 each to raise…
Auto stalwart Dongfeng charges up NEV business with Voyah listing plan
The veteran car group will privatize its namesake brand and simultaneously spin off its Voyah brand for a new listing to stay competitive in fast-evolving NEV market Key Takeaways: Dongfeng…